Agenda

MASTER DEVELOPMENT AGREEMENT
BY AND BETWEEN
LANSING MELBOURNE GROUP, LLC, a Florida limited liability company
AND

CITY OF NASHUA, NEW HAMPSHIRE

Effective Date:

TABLE OF CONTENTS

Page

ARTICLET. RECITALS 2
ARTICLE I. TERMS 3
ARTICLE Il. DEFAULTS 8
ARTICLE IV. MISCELLANEOUS 9
SCHEDULE OF EXHIBITS
EXHIBIT A Property Description
EXHIBIT B Development Plan

EXHIBIT C Board of Alderman Approving Resolution

RESOLUTION:

PURPOSE:

ENDORSERS:

COMMITTEE
ASSIGNMENT:

FISCAL NOTE:

LEGISLATIVE YEAR 2020

R-20-028

Authorizing the City of Nashua to enter into a Master
Development Agreement with Lansing Melbourne Group,
LLC

Mayor Jim Donchess

Alderman-at-large Michael B. O’Brien, Sr.
Ajiderman-at-large David C. Teneza
Alderman Richard A. Dowd

R-20-028

RESOLUTION

AUTHORIZING THE CITY OF NASHUA TO ENTER INTO A MASTER
DEVELOPMENT AGREEMENT WITH LANSING MELBOURNE GROUP, LLC.

CITY OF NASHUA

In the Year Two Thousand and Twenty

RESOLVED by the Board of Aldermen of the City of Nashua that the City is authorized
to enter into a “Master Development Agreement” with Lansing Melbourne Group, LLC
regarding the sale and development of the “School Street Lot” for a housing project in
substantially the same form as the attached.

LEGISLATIVE YEAR 2020
RESOLUTION: R-20-027
PURPOSE: Relative to the transfer of $200,000 from Department 192

“Debt Service”, Account 75200 “Interest Expense” into Fund
6500 “Property and Casualty Fund”, Account 68360 “Loss

Prevention”
SPONSORS): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: Reduces fiscal year 2020 surplus appropriations.
ANALYSIS

R-20-027

RESOLUTION

RELATIVE TO THE TRANSFER OF $200,000 FROM DEPARTMENT 192 “DEBT
SERVICE”, ACCOUNT 75200 “INTEREST EXPENSE” INTO FUND 6500 “PROPERTY
AND CASUALTY FUND”, ACCOUNT 68360 “LOSS PREVENTION”

CITY OF NASHUA

In the Year Two Thousand and Twenty

RESOLVED by the Board of Aldermen of the City of Nashua that $200,000 be
transferred from Department 192 “Debt Service”, Account 75200 “Interest Expense” into Fund

6500 “Property and Casualty Fund”, Account 68360 “Loss Prevention”.

COPY — FOR INFORMATION ONLY

PENNICHUDK®

PROXY CARD
PENNICHUCK CORPORATION

PROXY for Annual Meeting of Sole Shareholder - May 2, 2020

THIS PROXY IS SOLICITED ON BEHALF OF THE 0 OF DIRECTORS

Elizabeth A. Dunn
(Director Since: January 2012)

Donald L. Ware, Chief Operating Officer

Mr. Ware has been the Chief Operating Officer of Pennichuck Corporation since

existing Compensation and employee benefit plans. The Compensation and Benefits Committee
held 5 meetings in 2019,